Utilities’ Extreme Plan to Stop Wildfires: Shut Off the Power October 8, 2024 By Mark Chediak A growing number of utilities are resorting to an extreme measure to prevent their equipment from sparking catastrophic wildfires: turning...
Buffett’s PacifiCorp Suspected of Collusion by Wildfire Victims’ Law Firms July 22, 2024 By Jonathan Stempel The law firms leading class-action litigation against PacifiCorp over the 2020 Labor Day weekend wildfires in Oregon want to examine...
Oregon Utility Regulator Rejects PacifiCorp Request to Limit Liability in Wildfire Suits June 4, 2024 Oregon utility regulators have rejected a request from PacifiCorp that sought to limit its liability in wildfire lawsuits. Under the...
Warren Buffett’s PacifiCorp Now Faces $30B Claim Demand in Oregon Wildfires May 1, 2024 By Rachel Graf Berkshire Hathaway Inc.’s PacifiCorp now faces a demand for $30 billion from victims of Oregon’s 2020 Labor Day wildfires, an...
Pacificorp Ordered to Pay Oregon Wildfire Victims Another $42M March 8, 2024 A jury in Oregon has ordered PacifiCorp to pay more than $42 million to 10 victims of devastating wildfires on...
Berkshire Utility Reaches $299 Million Oregon Fire Accord December 8, 2023 By Jef Feeley Berkshire Hathaway Energy Co.’s PacifiCorp said it will pay $299 million to settle claims over wildfires that burned homes in...
Oregon Regulator to Investigate Pacificorp’s Request to Limit Wildfire Liability November 30, 2023 Oregon’s utility regulator this week said it would investigate a petition by PacifiCorp to limit its liability from future wildfire-related...
Berkshire Hathaway Energy Shows Unusual Risk Appetite in Wildfire Court Fight September 21, 2023 By Joel Rosenblatt Berkshire Hathaway Energy Co.’s PacifiCorp has been battered in an unprecedented court fight over the utility’s failure to prevent massive...
Utility Investors Wary of Exposures After Buffet’s PacifiCorp Held Liable for Wildfires July 19, 2023 By Joel Rosenblatt Destructive wildfires are now an almost routine part of summer in the American West, and electrical utilities have likewise become...
Warren Buffett’s PacifiCorp Sued by Oregon Wineries Over Fire Damage July 17, 2023 By Joel Rosenblatt Berkshire Hathaway Inc.’s PacifiCorp was sued by Oregon wineries claiming that smoke from wildfires ignited by the utility’s equipment in...